OPEC+ Holds Output Steady, Approves New Capacity Framework Through 2026
OPEC and its allies agreed on Sunday to keep oil output levels unchanged through the end of 2026,…
Oil Chiefs See $60 Oil as Breaking Point for Shale Growth
Top executives from supermajors, the U.S. shale patch, and national oil companies remain bullish about the oil market…
EIA Raises U.S. Oil Output Forecast, Warns Oversupply Could Crush Prices
The United States is on track to break yet another oil production record this year, but the Energy…
‘Red Queen Syndrome’ Hits Global Oil Production
Shale oil wells are gushers in their first year, then deplete rapidly. Shale companies therefore, have to keep…
Standard Chartered: Oil Prices Likely Headed Higher Over The Long Term
Crude oil futures have jumped to the highest levels in six weeks after U.S. President Donald Trump ratcheted…
Formula 1 Renewable Energy Shift Drives 26% Drop in Carbon
(Bloomberg) — Motor racing, a sport known for flashy, petrol-guzzling racecars speeding at hundreds of kilometers per hour across…